Corey Ribotsky, TALF and Current Market Trends July 1, 2009
Posted by coreyribotsky in Corey Ribotsky, Financial, NIR Group.Tags: Corey Ribotsky, NIR Group, TALF
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Discussing the new TALF program with Opalesque, Corey Ribotsky of the NIR Group of Roslyn, New York, explained that as of now he has not yet seen any easing of credit in the PIPE investing sector.
Corey continued to explain that under ordinary circumstances or normal market environments, most of the companies, and especially those in the small and micro cap sector, are ignored by Wall Street.
What is really positive for us, according to Ribotsky, is that in the current atmosphere these companies are truly bypassed, and this is the “best environment for investing that I have seen in 15 years. Credit has been turned off and companies that are not big enough or haven’t “turned the corner” enough in a normal market do not have too many places to go.”
